This week’s topics
External stakeholder collaboration
- Vendor-Managed Inventory (VMI)
- Third-party logistics coordination
- Carrier performance metrics
- Collaborative Planning, Forecasting and Replenishment (CPFR)
- What is EOQ vs EPQ + ABC Analysis, Vendor Managed Inventory, and JIT
- What is Logistics - Reverse Logistics and Third Party Logistics
What you will be able to do
- 3.1 Explain how collaboration with suppliers, carriers and customers improves performance.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: explain how collaboration with suppliers, carriers and customers improves performance.
Study materials
Videos
- What is EOQ vs EPQ + ABC Analysis, Vendor Managed Inventory, and JIT · YouTube · Dr. Haywood · 15 min · for registered students
- What is Logistics - Reverse Logistics and Third Party Logistics · YouTube · Dr. Haywood · 4 min · for registered students
Further resources
- Principles of Marketing, ch. 9: Using Supply Chains to Create Value for Customers · PDF · Saylor Academy, textbook chapter; pp. 275–304 · for registered students
- Introduction to Logistics, ch. 1: The Role of Logistics in Supply Chains · Reading · Other, textbook chapter; PDF pp. 13–32 · for registered students
- Introduction to Business 2e, ch. 10.4: Resource planning – purchasing and suppliers · PDF · OpenStax, textbook chapter; pp. 337–341 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.